All Forum Posts by: Chris Claflin

Hi @Amy A.,

Nice to meet you! I grew up in Idaho. So glad my days pushing a snowblower are over! I can relate to your snow frustrations. Would love to chat with you for a few minutes over the phone. 

Thank you @Brent Zande for the mention!

@Michael Shea,

Welcome to Charlotte REI! Happy to help how I can. I now co-host a Landlord meetup with a friend down in the Southend https://www.meetup.com/Carolina-Real-Estate-Invest...

That would be a great resource for you and a great way to build your network. Happy to chat on the phone sometime if you have interest too!

Hi Michael Filipidis happy to chat with you if you have a few minutes to see how we may be able to help!

Hi @Mukesh A.,

We should chat to see if we may be a good fit for you. PM, email, or call me. 

Hi @Christine Wilcox,

We would be happy to chat with you about your needs. Investors usually turn to us because they are tired of managing their current property manager, their frustrated with vacancy, turnover or tenants or they are missing too much time from their families or hobbies due to the demands of self management. 

If any of those ring a bell, we should chat! Please PM me or reach out via my contact info below. 

Thank you @Will Gaston for the heads up!

Don Pesta with Pesta Finnie is quite sharp. Happy to introduce you. Let me know. As Will said, Patrick also knows his stuff.

Johnny, You need to talk to Brent Zande They don’t come more professional and experienced than his teams.

Hey Dethorn, I do lots of networking in the RE investment community here in Charlotte. Happy to help get you connected to a few top shelf folks in each of the categories above! Welcome to Charlotte RE Investing!

@Adam Rey, this is a great question! Everyone else had some good pointers in here too. As an investor and licensed Charlotte property management company here are some thoughts:

• It's good to be careful of folks with no income who want to pre-pay rent. Those can sometimes (but not always) be folks who can run into trouble.
• Make sure you have a robust screening mechanism and screen them very well
  • Current employment (length & earnings)
  • Evictions, foreclosures, bankruptcy, bad debt
  • Current & prior landlord references
  • Personal references (for down the road if they choose not to pay you)
  • Credit
  • etc.
• People often rent because they are in transition, so if this person is qualified, I would think strongly about taking him as a tenant
• I good strategy would be to get him on a 6 month or 9 month lease. You could charge a premium in rent for a shorter lease. Think about reducing the rent and transferring to a 12 month lease after they can show proof of new income
• Regarding security deposit: be very careful with this one. You need to comply with the North Carolina Tenant Security Deposit Act which limits how much of a deposit you can take depending on the length of the lease (this act applies to DIY landlords too). The max is equivalent to 2 month's rent for any lease longer than month-to-month. Also, according to that act, prepaid rent is not the same as a security deposit so it has it's own stipulations that go with it.

I hope that helps. Reach out if you have any questions and good luck!

@Cassandre Dunbar, you need to connect with @Brent Zande with Slate Building Group. He's the best in the area at just that. He's fast, professional, and cost effective. You can't ask for more than that from a GC. He does tons of full-service rehabs a month for the "big guys". Let me know if you would like his contact info. He's fantastic and loves helping investors as he is also an investor. - Chris